People: Confidence Petroleum India Ltd (CONF.BO)
Shri. Nitin Khara is Executive Chairman of the Board, Managing Director of Confidence Petroleum India Ltd. He is a Commerce Graduate. By occupation he is a business man and has an experience of 21 years. He started his career in 1982 by putting up a steel utensils and domestic appliances trading shop at Nagpur. He was also engaged in LPG distribution business. In the year 1997 and 1999 under his leadership the Khara Group acquired two sick cylinder manufacturing units. Under his leadership they also acquired three more cylinder manufacturing units – M/s Gujarat Cylinders Private Limited, Maharashtra Cylinders Private Limited and Envy Cylinders Private Limited. In the year 1998, he established Gas Point Petroleum India Ltd. which is engaged in bottling and parallel marketing of domestic and commercial LPG gas., Essen LPG Bottling Pvt. Ltd., also served in ENVY Cylinders Pvt. Ltd., N.N.V.Finance Ltd.
|Total Annual Compensation, INR||250,000|
|Restricted Stock Award, INR||--|
|Long-Term Incentive Plans, INR||--|
|All Other, INR||--|
|Fiscal Year Total, INR||250,000|